Obama caps executive pay tied to bailout money

President Barack Obama on Wednesday imposed a $500,000 cap on senior executive pay for the most d...  More »

President Barack Obama on Wednesday imposed a $500,000 cap on senior executive pay for the most distressed financial institutions receiving taxpayer bailout money and promised new steps to end a system of "executives being rewarded for failure." KVUE's Mike Goldfein reports from Washington.  « Less